Bitcoin Loses Direction at $75,000 Level... 'Short-Term Trading Dead Zone' Entering

Bitcoin is struggling to find clear direction around the $75,000 level, with key indicators showing reduced short-term price momentum. A $4.6 million BTC outflow was recorded on exchanges, but no significant upward price movement has followed, according to analysts.

Cryptotq author Kugaonchain reported that Bitcoin is trading near $75,700 as of Thursday. The cryptocurrency declined 0.82% over 24 hours and fell 3.84% over the past week.